Scurri in €9m investment round

Cloud-based e-commerce shipping, ordering and delivery software providers Scurri has announced it has had €9 million investment to accelerate growth in the UK.

Leading the investment round was Gresham House Ventures, joining existing investors Pa Nolan and family offices represented by Millview Advisory. Total investment into Scurri’s platform to date amounts to €15.3 million.

The Ireland based software providers derive over 70% of their income from the UK, and will power more than 100 million parcel deliveries this year through enabling merchants to present the most efficient delivery option via more than 700 carriers.

Currently, Scurri employs 45 staff and has plans to triple their workforce to more than 120 in the next two years.

Speaking about the latest funding round, CEO and Founder of Scurri, Rory O’Connor stated: “Since our inception in 2010, and especially over the past 5 years, we have grown into a trusted delivery management platform with a growing list of blue chip and fast growth companies with operations across the globe. The pandemic and the resulting acceleration of eCommerce adoption as well as trading and logistic complexities arising from Brexit have essentially resulted in significantly increased demand for reliable delivery management software and solutions. For Scurri this effectively represents a number of years’ advancement of the UK market in terms of online penetration and hence our need to now advance our growth and investment plans.”

“We are also extremely proud and thankful to our amazing team here at Scurri who, despite the upheaval of both the pandemic’s disruption as well as increased trading and logistics complexities fuelled by Brexit, rose to this double-e challenge and helped the company capitalise on the growth opportunities. We pride ourselves on our status of one of the Best Places Workplaces in Ireland and we are delighted with the opportunity to now grow that team further as we bring forward our growth plans.”